STUDENT APPLICANTS – Space available at select sites. If you are a high school student looking to accelerate your understanding of economics and want to develop unique leadership skills that set you apart from your peers, you should apply to the Economics for Leaders summer program.

Our Washington D.C. Leadership academy is the perfect program for recent alumni to continue their FTE experience. Elevate the economic reasoning skills you learned at EFL through four days of hands-on activities and projects in our nation’s capital. You’ll learn how to apply your EFL knowledge to government policy and history, and make 25 new friends along the way. Spots are limited, so apply while Washington still has room!

College Credit for EFL

The FTE has a long and successful relationship with the University of Colorado, and we’re pleased to announce that the Department of Economics at University of Colorado, Colorado Springs has approved Economics 1310 for students attending Economics for Leaders programs.

Economics 1310 is an undergraduate economics course for non-majors. Students who successfully complete the requirements will receive a transcript from UCCS, showing 2 sem. hrs. of graded undergraduate credit. (Individual university policies for accepting this type of “transfer” credit vary, and the FTE does not provide information about the acceptability of this credit at various universities. We can, however, report that we have encountered no problems in acceptance of UCCS credit granted in FTE’s teacher programs.)

This test must be completed before July 31 (for all programs starting before July 25) or before Aug. 15 (for all programs beginning after July 25). The test can be found in our Blackboard CourseSite (See self-registration instructions below).

REQUIRED TEXT: The Economics of Public Issues by Miller, Benjamin and North (16th, 17th or 18th edition). The FTE has a limited number of complimentary copies (16th and 17th editions) available on a first-come-first-served basis. To request a complimentary text you must follow the instructions below to register with UCCS, self-enroll in our Blackboard Coursesite and complete the “book request” assignment in the Coursesite.

Attendance and participation in all scheduled activities during EFL program week, and score 75% on EFL post-test.

Registration Steps:

To enroll in Economics 1310, go to the FTE/UCCS portal at http://www.uccs.edu/lases/fte.html. Scroll through the course listings until you find the Economics for Leaders listing for the site you will attend. (Course listings available in the Spring. Registration opens in May.)

Download the registration directions and follow the steps listed in the downloaded document. Note that this is a several step process which may take a week to 10 days; you must first apply to and be accepted by the UCCS Extended Studies program. The pdf download gives step-by-step instructions. Follow them carefully.NOTE the registration deadline. Registration must be complete (not just started) by the UCCS deadline. Give yourself plenty of time.

Self-Enroll in the Blackboard Coursesite FTE uses to manage the course. (This is not a UCCS site. Separate enrollment required. This is where you will take the test.)

Select the Request Enrollment button and create a Coursesite account when prompted or login if you already have a Coursesites account. Please register with an email that you check regularly as this will be the email the instructor will use to communicate with you.

When prompted use this access code: leaders

Check the Blackboard course site for exam due dates and other important information.

Attend your EFL program and sign the UCCS roster at the program so the mentor teacher and professor can submit a grade for you.

We’re excited to be able to offer high school students the chance to earn college credit at a very low cost and we look forward to your participation. We think you’ll enjoy The Economics of Public Issues and your first taste of the kind of discussion and interaction you’ll experience in college.

Sample Questions: The sample questions below are similar to those you will find on the exam. Study the concepts that are highlighted in bold print throughout the book, but remember that will be asked to apply the concept – do some economic reasoning – rather than to just select a definition.

You are stuck at home watching an old movie with your parents when a friend calls and asks to meet at the coffee shop to study. What is the opportunity cost of meeting your friend?

the price of the gas to get to the coffee shop and the price of your drink

there is no cost as you were feeling “stuck” at home

the chance to watch the old movie with your parents

the better grade you’d get if you studied on your own

What was the result of export quotas and emergence of a cartel in the Soviet caviar industry?

the price of caviar rose

the price of caviar fell

the demand for caviar rose

the deamand for caviar fell

With respect to increasing police presence, the elasticity of violent crime is -1 and the elasticity of property crime is -.4. Which of the following is not true?

A city that increases its police presence by X% can expect X% decline in violent crime.

A city reduces violent crime by X% can reduce its expenditures on policing by X%.

Increasing police presence by X% will have a greater impact on violent crime than on property crime.

The “supply” of voilent crime is more responsive to police presence than the supply of property crime.

Which of the following is an example of revealed preferences?

when airline prices rose over the summer, more families opted for driving vacations

Gallup poll results indicated that consumers will opt for more fuel-efficient models on their next car purchases

analysis expect the increase in medical insurance premiums will reduce the demand for insurance

restaurants offered more vegetarian options in the aftermath of the mad cow disease scare

What would be the likely economic outcome of allowing a market for transplant organs?

the number of transplants would increase, bankrupting Medicare and Medicaid

there would be an increase in criminal harvesting of organs from unwilling “donors”

medical insurance would raise the price of transplant operations, making them a luxury of the rich

the price would drastically reduce activity in the black market for organs

If you have additional questions about the EFL college credit, contact Debbie Henney.